About this home
Looking for an exceptional equestrian estate with ample acreage and a substantial number of stalls, while remaining just minutes from the showgrounds? Look no further. Set across two parcels totaling 6.01 acres in Saddle Trail, this impressive 30-stall farm is ideally situated directly on the bridle path, offering a convenient 15-minute hack to WEF. Created with the professional equestrian in mind, the farm features two premium barns with 24 and 6 stalls, a 115' x 215' all-weather fiber-mix arena with underground irrigation, an adjacent 1+ acre grass Grand Prix field, seven large irrigated paddocks, and a 6-horse Kraft covered walker. Both barns are outfitted with Roewer & Rueb bamboo wood stalls, Nelson automatic waterers, generous wash and grooming areas, and dedicated feed and tack rooms. The thoughtfully arranged grounds provide an efficient setup for training, boarding, and day-to-day operations, while the farm's strong history of lease income adds to its appeal as an investment opportunity. A separate owners' and riders' lounge offers a comfortable setting for relaxing and entertaining, complete with a kitchen, bathroom, and bar. The well-planned layout allows multiple parties to comfortably utilize the farm simultaneously while maintaining a sense of privacy and ease. There is a generous amount of mature landscaping & trees that creates a beautiful, park- like setting. The five-bedroom, 3.5-bath pool home is currently used as staff housing but offers excellent versatility for the future. Its private setting could readily accommodate a conversion to a luxurious primary residence, while the expansive grass field presents the additional possibility of constructing a custom main residence. Located on a desirable cul-de-sac directly along the bridle path, the facility provides seamless access to WEF and the surrounding equestrian community. Four separate entrances further enhance the property's functionality, allowing for efficient movement of horses, vehicles, staff, and guests. With its prime location, extensive equestrian infrastructure, residential flexibility, and proven income potential, this is a rare opportunity to own a premier farm in the heart of Saddle Trail. Property consists of two parcels: 73414417010710060 -4.08 acres, 73414417010710050 -1.93 acres
Listing last checked: Listing updated:
Listed by Travis C Laas, Tina Bengtsson · Engel & Volkers Wellington · MLS #B26073857
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Flooring
- Concrete, Ceramic Tile, Tile
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1988
- Garage
- 4
- Parking
- 4
- Roof
- Barrel, Concrete, Tile
Land & utilities5 property facts
- Lot size
- 6.01 acres
- Water
- Well
- Sewer
- Septic Tank
- Waterfront
- Y
- Zoning
- EOZD (city)
Financial2 property facts
- Annual taxes
- $49,390
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $7,400,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$41,534 / monthAdjust
- Principal & interest
- $37,418
- Property tax
- $4,116
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $49,390. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$7,500,000 · Nov 2, 2025
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About 2389 KING Terrace
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